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The price of Bitcoin (BTC) has soared in 2017 with little sign of looking back. It now sits above $7,000/BTC, up from roughly $1,000/BTC since January, which is motivating many to acquire more of the virtual currency. In addition to purchasing the cryptocurrency, one can also “mine” Bitcoin; the blockchain maintained by the Bitcoin network […]

The freedom to contract is one of the oldest and most basic tenets of the American legal system. Subject to limited judicial and statutory exceptions, parties have been and are generally afforded carte blanche in determining the terms of a binding agreement and how those terms are memorialized. The recent emergence of “smart contracts,” that […]

Introduction Since the release of Bitcoin in 2009, the cryptocurrency has grown in prominence and public acceptance. By seemingly providing a layer of anonymity in transactions, Bitcoin has also become the public face of virtual currencies in illicit online dealings: Bitcoin has been associated with several high-profile criminal cases involving major drug website shutdowns, notably […]